§ 794.119 Dependence of exemption on sales volume of the enterprise
§ 794.120 Meaning of “annual gross volume of sales.”
§ 794.121 Exclusion of excise taxes
§ 794.122 Ascertainment of “annual” gross sales volume
§ 794.123 Method of computing annual volume of sales
§ 794.124 Computations on a fiscal year basis
§ 794.125 Grace period of 1 month for compliance
§ 794.126 Computations for a new business

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Terms Used In CFR > Title 29 > Subtitle B > Chapter V > Subchapter B > Part 794 > Subpart B > Annual Gross Volume of Sales

  • Allegation: something that someone says happened.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Chambers: A judge's office.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Dependent: A person dependent for support upon another.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. Source: Federal Reserve
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Recess: A temporary interruption of the legislative business.
  • Statute: A law passed by a legislature.